May 2025
Jackson, Mississippi, is experiencing a period of economic revitalization, marked by significant investments in infrastructure and a surge in development projects.
Developer Plans Major Revitalization of Downtown Jackson’s Pinnacle and Deposit Guaranty Buildings
What This Means For You: New Jersey developer Kumar Bhavanasi has acquired the Pinnacle Building and the Old Deposit Guaranty Building in downtown Jackson, Mississippi, with plans to revitalize the area. Bhavanasi envisions transforming these properties by introducing new tenants, including a coffee shop, restaurant, pharmacy, and a luxury hotel. His investment includes nearly 500,000 square feet of property encompassing the two buildings and a 1,735-space parking garage with first-floor commercial space.
New Development, Businesses Coming to the Village at Madison
What This Means For You: The 25-acre development includes 90 planned residences, with the first phase nearing completion. A 30,000-square-foot building is under construction to house various businesses, including salons and aesthetic services.
City of Jackson Announces New Downtown Development Plan
What This Means For You: The City of Jackson has unveiled a three-phase development plan for downtown, focusing on revitalizing nearly eight acres of blighted property. Phase one includes the creation of a community park with amenities like a stage and life-sized chess board. Phase two plans for a vendor park, skate park, and pickleball courts. The final phase envisions a parking lot between Farish Street and Lamar Street, ultimately leading to the construction of a hotel connected to the Jackson Convention Complex. The development aims to enhance the area’s appeal and competitiveness for hosting events and visitors.
Jackson-Medgar Wiley Evers International Airport Expands Summer Flight Schedule
What This Means For You: Jackson-Medgar Wiley Evers International Airport (JAN) has increased summer flight options, with a 5% increase in flights and a 3% increase in available seats compared to 2024. A new nonstop Southwest Airlines flight to Nashville has also been added.
Potbelly Sandwich Works Expands to Jackson, Mississippi
What This Means For You: Potbelly Corporation has announced a new franchise agreement to open four Potbelly Sandwich Shops in the Jackson, Mississippi area. The company is actively seeking additional franchise partners to further expand in Mississippi and surrounding states.
Chick-fil-A Plans New Location in Flowood
What This Means For You: Chick-fil-A is set to open a new restaurant in Flowood, Mississippi as part of its expansion in the Jackson metropolitan area. The new location is expected to create additional employment opportunities in the region.
